OUR BUSINESS MODEL

Not All Businesses Are Created Equal

By Rachel Krider posted November 20th 2016

When I sat down to do the math I realized I had stumbled across something truly unique.

I recall a conversation I had with Michael, the gentlemen who introduced me to this business model. Like me, he had previous experience in business and had failed to reach his financial goals the first time round. Not surprisingly my previous business failure left me extra cautious as I simply couldn’t afford to make another mistake.

Michael’s passing comment to me all those years ago, “you know Rachel, it takes just as much time and effort to acquire and service a customer, whether your profit is $50 or your profit is $5,000. And let me tell you, $5,000 profits add up a lot faster than $50 profits”.

BOOM. This impacted me big time.

You see I’d spent the five years prior attempting to build

a business in the health space where the profits were around $50 or so per client. After five years and 15 hour days I was burned out and broke. Prior to starting my business I was earning good money as a sales rep in the oil industry. Michael’s comment about big profits had me recall a conversation I’d had with my boss at the oil company.

“You’re better off going after the big deals. The girl that was here before you only ever chased the small garages. I’m not sure why she did that as I gave her the same advice I’m giving you now. But you’re better off spending your time chasing the bigger

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accounts. You may not get as many, but the commissions will be a lot bigger with those that you do pull off. Now get to work”.

I chased the big clients and within no time was earning well over 6 figures as a twenty five year old and having the time of my life. A change in management saw me leave the company and start my own business.

First time round in business I jumped right in and didn’t really think about it too much. Second time round I did the math. And the math made sense.

Let me take a moment and share with you how the specific elements of the Prosperity Of Life compensation plan work together to provide an unparalleled financial opportunity.

There are three profit center's that a Prosperity Of Life Director can participate in:

Big Upfront Profits & Bonuses

Leveraged Income

Residual Income

Let’s take a look at each of them.

Big Upfront Profits & Bonuses

This is the first opportunity that a POL Director or Coach has to create revenue for their enterprise. By promoting and selling our online courses and live seminars the profits and bonuses range from $500 - $8,000 per sale.

This bonus structure was particularly exciting to me because I could see very clearly that based on my own network building efforts I could make a strong income based on just one or two sales per week.

I didn’t want to have to be reliant on the efforts of others in order to make enough money to keep the lights on. So to know that I had full control over this part of sales process was very reassuring. I understood my work ethic and knew that I would

get the job done.

Leveraged Income

It is absolutely necessary to have leverage within your business if you want to become wealthy. Leverage within the Prosperity Of Life business model is the key. The leverage that exists within the Prosperity Of Life compensation plan allowed me to double my earnings in my first 18 months of business. $600k was leveraged into a profit of $1.2 million.

Leverage is the ability to leverage your time and therefore profitability through the efforts of others.

Bill Gates leverages the time and effort of 65,000 of his employees. You have the exact same opportunity to create leverage within your business here as you build your network.

I’m reminded of a great quote from Robert Kiyosaki – “The richest people in the world look for and build networks, everyone else looks for work”.

Residual Income

I remember when I was around twenty years old reading an article about royalties and residual income being paid out to recording artists and performers. Like years after they had recorded the song or stared in the movie they had the ability to earn a check from their previous work - over and over again.

I remember thinking how cool that would be, but then feeling a little bit deflated as my singing and acting talents were pretty much non existent.

Then when I understand that the Prosperity of Life compensation plan had a strong residual income component built into the structure, my vision for creating greater levels of wealth expanded.

Prosperity of Life produce premium wealth creation and life improvement courses on an ongoing basis. Many of your

customers become product lovers and have the ability to repeat purchase time and time again. Your repeat purchase profits and bonuses range anywhere from $500 - $8000.

Building a strong network of product lovers is an excellent strategy if you’re looking to tap into this third revenue stream while business your business here.

For further information on the Prosperity of Life compensation plan please refer to this video.